Electronics and Appliance Retailers: SBA acquisition lenders
31 recorded SBA 7(a) acquisition approvals for Electronics and Appliance Retailers, FY2024–FY2026. Median approved loan: $545K. See lenders and activity by state.
- Acquisitions financed
- 31
- Total approved
- $28.8M
- Median loan
- $545K
- Middle half of loans
- $225K to $1.4M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 4 | 13% | $802K | $5.3M |
| 2 | First Internet Bank of Indiana | 3 | 10% | $1.5M | $4.0M |
| 3 | Pathward National Association | 2 | 6% | $2.1M | $4.2M |
| 4 | Availa Bank | 2 | 6% | $250K | $500K |
| 5 | TruBank | 2 | 6% | $75K | $150K |
| 6 | Beacon Bank and Trust | 1 | 3% | $2.3M | $2.3M |
| 7 | Lendistry SBLC, LLC | 1 | 3% | $1.8M | $1.8M |
| 8 | U.S. Bank, National Association | 1 | 3% | $1.7M | $1.7M |
| 9 | Columbia Community CU | 1 | 3% | $1.4M | $1.4M |
| 10 | Colony Bank | 1 | 3% | $1.3M | $1.3M |
| 11 | Union Bank | 1 | 3% | $996K | $996K |
| 12 | Armstrong Bank | 1 | 3% | $952K | $952K |
| 13 | NBT Bank, National Association | 1 | 3% | $805K | $805K |
| 14 | The Fidelity Bank | 1 | 3% | $738K | $738K |
| 15 | United Midwest Savings Bank National Association | 1 | 3% | $633K | $633K |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Iowa | 6 | $55K | $760K |
| California | 4 | $1.5M | $5.1M |
| Maryland | 3 | $1.5M | $5.2M |
| Florida | 3 | $389K | $2.9M |
| Oklahoma | 3 | $952K | $2.6M |
| New York | 3 | $633K | $1.7M |
| Massachusetts | 2 | $2.1M | $4.2M |
| Colorado | 1 | $2.3M | $2.3M |
| Oregon | 1 | $1.4M | $1.4M |
| Michigan | 1 | $996K | $996K |
| North Carolina | 1 | $738K | $738K |
| Minnesota | 1 | $545K | $545K |
| Virginia | 1 | $419K | $419K |
| Nebraska | 1 | $70K | $70K |